Africa's smartphone market declined by 3.4 percent in the first quarter (Q1) of 2023, reaching a total of 17 million units, data from the International Data Corporation (IDC) shows.
The IDC report attributes this decline to increasing inflation and local currency depreciation against the dollar,
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
